Is Kanye West still part of the billionaire&#039;s club following the end of his 

Will Kanye West Still Hold the Billionaire Tag After Adidas Ends Partnership Over Online Controversies?

Despite being entangled in countless controversies, Kanye West has always
maintained his status as a musical genius and an enterprising entrepreneur. It
is probably why Ye and Jay-Z are the only two rappers who could call themselves
billionaires. In fact, going by their net worth, the Donda rapper came out leaps
and bounds ahead of the Jigga Man.

https://youtu.be/SQ259gygXO4

Having said that, it seems West’s billionaire status is not as stable as it used
to be. Recently, the German athletic company, Adidas, severed ties with the
infamous artist. Several rumors suggest that falling out of this deal has also
stripped Kanye West [https://netflixjunkie.com/tag/kanye-west/] of his
billionaire tag.

ALSO READ: “I want to be better”- Throwback to When Drake With a Current Net
Worth of 250 Million Wanted to “surpass” Kanye West at 6.6 Billion
[https://netflixjunkie.com/netflix-news-i-want-to-be-better-throwback-to-when-drake-with-a-current-net-worth-of-180-million-wanted-to-surpass-kanye-west-at-6-6-billion/]


WITH ADIDAS OUT OF THE PICTURE, IS KANYE WEST STILL A BILLIONAIRE?

About a month ago, the news of Adidas putting West’s Yeezy deal under review
[https://netflixjunkie.com/netflix-news-i-am-adidas-sports-giant-adidas-puts-multi-billion-dollars-worth-yeezy-deal-under-review-following-a-spat-with-kanye-west/]
surfaced online. While the German brand never explicitly cited the controversy,
the timing of the review pointed to the notorious White Lives Matter scandal.
However, Adidas finally dropped the Yeezy founder following his string of
antisemitic comments on social media. 



In the aftermath of this event, on October 25, Forbes reported
[https://www.billboard.com/music/music-news/kanye-west-loses-billionaire-status-adidas-cuts-ties-1235160917/]
that Kanye West does not belong in the billionaire club anymore. Allegedly, the
valuation of his long-term collaboration with Adidas was a whopping $1.5
billion. If the Forbes report is accurate, the rapper is not worth more than
$400 million today. This is not the first time the financial magazine has
dropped West’s billionaire tag. Back in 2020, he contested Forbes’s report by
directly writing to them.

“It’s not a billion. It’s $3.3 billion since no one at Forbes knows how to
count,” stated the Power singer.

ALSO READ: “What bad deals?” – Stephen A. Smith Unleashed in Kanye West’s Recent
Comments on the Jewish People
[https://netflixjunkie.com/netflix-news-what-bad-deals-stephen-a-smith-unleashed-in-kanye-west-recent-comments-on-the-jewish-people/]

So, it is only a matter of time before the king of controversy dismissed Forbes’
valuation of his worth. According to the publication, following the German
company’s withdrawal, West’s financial assets include: “real estate, cash, his
music catalog, and a 5% stake in ex-wife Kim Kardashian’s shapewear firm,
Skims.”

Apart from Adidas, the rapper’s antisemitic remarks rubbed many of his
collaborators the wrong way. Gap, Balenciaga
[https://netflixjunkie.com/netflix-news-after-adidas-luxury-brand-balenciaga-cuts-ties-with-billionaire-rapper-kanye-west-following-a-spree-of-controversies/],
the Creative Artists Agency, and the production company, MRC, have all ended
their professional relationships with the Heartless singer.



For a definitive answer about Ye’s billionaire status or lack thereof, we will
have to wait for more concrete data and a rebuttal from the rapper himself.

Do you think the reports are true? Let us know in the comments.

Natasha Vijan

Comment

Will Kanye West Still Hold the Billionaire Tag After Adidas Ends Partnership Over Online Controversies? - Netflix Junkie

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Natasha is a writer at Netflix Junkie. Despite completing her Masters in Architecture from Hochschule Anhalt in Germany, she decided to follow her passion for storytelling.

Apart from working as an architect in the past, Natasha currently also ghostwrites for various travel and lifestyle blogs like italyfoodies.com, mypureplants.com and more. Moreover, she has also been involved as a screenplay analyst with Outstanding Screenplays London.

An avid cinephile, Natasha especially enjoys quirky dark comedies and gangster films. She can talk about films by Quentin Tarantino and Guy Ritchie for days and even aspires to make her own film someday. When not at work, she can be found at at outdoor music concert or a stand-up gig. Additionally, she’s a feminist, LGBTQIA ally and a strong mental health advocate.

https://netflixjunkie.com/netflix-news-will-kanye-west-still-hold-the-billionaire-tag-after-adidas-ends-partnership-over-online-controversies

Will Kanye West Still Hold the Billionaire Tag After Adidas Ends Partnership Over Online Controversies? - netflix-junkie

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Despite being entangled in countless controversies, Kanye West has always maintained his status as a musical genius and an enterprising entrepreneur. It is probably why Ye and Jay-Z are the only two rappers who could call themselves billionaires. In fact, going by their net worth, the Donda rapper came out leaps and bounds ahead of the Jigga Man.
https://youtu.be/SQ259gygXO4
Having said that, it seems West&#8217;s billionaire status is not as stable as it used to be. Recently, the German athletic company, Adidas, severed ties with the infamous artist. Several rumors suggest that falling out of this deal has also stripped <a href="https://netflixjunkie.com/tag/kanye-west/">Kanye West</a> of his billionaire tag.
ALSO READ: <a href="https://netflixjunkie.com/netflix-news-i-want-to-be-better-throwback-to-when-drake-with-a-current-net-worth-of-180-million-wanted-to-surpass-kanye-west-at-6-6-billion/" rel="bookmark">“I want to be better”- Throwback to When Drake With a Current Net Worth of 250 Million Wanted to “surpass” Kanye West at 6.6 Billion</a>
<h2>With Adidas out of the picture, is Kanye West still a billionaire?</h2>
About a month ago, the news of Adidas putting West&#8217;s Yeezy deal <a href="https://netflixjunkie.com/netflix-news-i-am-adidas-sports-giant-adidas-puts-multi-billion-dollars-worth-yeezy-deal-under-review-following-a-spat-with-kanye-west/">under review</a> surfaced online. While the German brand never explicitly cited the controversy, the timing of the review pointed to the notorious White Lives Matter scandal. However, Adidas finally dropped the Yeezy founder following his string of antisemitic comments on social media. 
<div class="flex-video widescreen youtube"><iframe loading="lazy" title="Kanye West’s Net Worth Obliterated As Adidas Cuts Ties | Forbes" width="1170" height="658" src="https://www.youtube.com/embed/xX8Q5N3LjB4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></div>
In the aftermath of this event, on October 25, Forbes <a href="https://www.billboard.com/music/music-news/kanye-west-loses-billionaire-status-adidas-cuts-ties-1235160917/" target="_blank" rel="noopener">reported</a> that Kanye West does not belong in the billionaire club anymore. Allegedly, the valuation of his long-term collaboration with Adidas was a whopping $1.5 billion. If the Forbes report is accurate, the rapper is not worth more than $400 million today. This is not the first time the financial magazine has dropped West&#8217;s billionaire tag. Back in 2020, he contested Forbes&#8217;s report by directly writing to them.
&#8220;It’s not a billion. It’s $3.3 billion since no one at Forbes knows how to count,&#8221; stated the Power singer.
ALSO READ: <a href="https://netflixjunkie.com/netflix-news-what-bad-deals-stephen-a-smith-unleashed-in-kanye-west-recent-comments-on-the-jewish-people/" rel="bookmark">“What bad deals?” – Stephen A. Smith Unleashed in Kanye West’s Recent Comments on the Jewish People</a>
So, it is only a matter of time before the king of controversy dismissed Forbes&#8217; valuation of his worth. According to the publication, following the German company&#8217;s withdrawal, West&#8217;s financial assets include: &#8220;real estate, cash, his music catalog, and a 5% stake in ex-wife Kim Kardashian’s shapewear firm, Skims.&#8221;
Apart from Adidas, the rapper&#8217;s antisemitic remarks rubbed many of his collaborators the wrong way. Gap, <a href="https://netflixjunkie.com/netflix-news-after-adidas-luxury-brand-balenciaga-cuts-ties-with-billionaire-rapper-kanye-west-following-a-spree-of-controversies/">Balenciaga</a>, the Creative Artists Agency, and the production company, MRC, have all ended their professional relationships with the Heartless singer.
<div class="flex-video widescreen youtube"><iframe loading="lazy" title="How Kanye West Went From Bankrupt To Billionaire" width="1170" height="658" src="https://www.youtube.com/embed/q2HVvN2cACk?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></div>
For a definitive answer about Ye&#8217;s billionaire status or lack thereof, we will have to wait for more concrete data and a rebuttal from the rapper himself.
Do you think the reports are true? Let us know in the comments.

“I want to be better”- Throwback to When Drake With a Current Net Worth of 250
Million Wanted to “surpass” Kanye West at 6.6 Billion

“What bad deals?” – Stephen A. Smith Unleashed in Kanye West’s Recent Comments
on the Jewish People

https://www.staging.netflixjunkie.com/wp-content/uploads/2020/03/netflixjunkie-logo-2.jpg

https://www.staging.netflixjunkie.com/wp-content/uploads/2022/10/Kanye-West-Adidas.jpg

Is Kanye West still part of the billionaire's club following the end of his $1.5 Billion partnership with Adidas?

Natasha is a writer at Netflix Junkie. Despite completing her Masters in Architecture from Hochschule Anhalt in Germany, she decided to follow her passion for storytelling. Apart from working as an architect in the past, Natasha currently also ghostwrites for various travel and lifestyle blogs like italyfoodies.com, mypureplants.com and more. Moreover, she has also been involved as a screenplay analyst with Outstanding Screenplays London. An avid cinephile, Natasha especially enjoys quirky dark comedies and gangster films. She can talk about films by Quentin Tarantino and Guy Ritchie for days and even aspires to make her own film someday. When not at work, she can be found at at outdoor music concert or a stand-up gig. Additionally, she’s a feminist, LGBTQIA ally and a strong mental health advocate.

https://secure.gravatar.com/avatar/58fe5e3bd1797d7efd87eb9d17c22419?s=96&d=mm&r=g

Is Kanye West still part of the billionaire&#039;s club following the end of his $1.5 Billion partnership with Adidas?

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Will Kanye West Still Hold the Billionaire Tag After Adidas Ends Partnership Over Online Controversies?

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